Attempting 1 Hive Transfer-to-saving per day challenge

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Here we go again, another self-challenge! This time, it's time to attempt saving 1 Hive every day into the Transfer-to-saving wallet. Don't ask me why but I just love attempting new self-challenge to push me purchasing more Hive. Plus, it's kinda fun doing this while growing myself in this Hive journey!

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Let's save some Hive in the Hive Savings

Often times, I love thinking up new ideas related to buying Hive, staking Hive and other stuff related to Hive. Sometimes, I have crazy ideas on the tokens in the Hive-Engine too. Sometimes, I do feel this is crazy but to me, this is a way to contribute back to the blockchain aside from just making crypto.

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Hive Savings, an unused feature?

Another thing I noticed in the wallet is the fact that Transfer to Saving (Hive Saving or HBD) is rarely used. I'm not sure whether it's just me or there are others, I myself rarely use this saving function. Probably, the reason it is rarely used because it needs 3 days to be liquidated. Most of the wallet I've seen preferred keeping it in the Hive liquidated section. Of course, this is typical to do as you can immediately liquidate anytime.

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Hive Saving, looking from another view

Hive Saving might be an unimportant feature but I wish to erase that idea within myself too. In order to make this challenge successful, the first thing I need to do is to change my mindset. Hence, from the beginning of the challenge which started 6 days ago, I see Hive Saving as a model which banks use, "Savings Account".

Hive Saving = Savings Account

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This idea may sound simple but even to me, it is hard to implement. This challenge aims to make Hive Saving more like Savings Account. You know, some portion of your money is put aside for savings. However, to make things more systematic, the model used is 1 Hive per day.

How much will I make?

Since this is basically simple math, a month of saving will save me 30 Hive in my piggy bank. Not bad for a start! A year will save me, 365 Hive and since I started just 6 days back, eventually it is not tally with the days in a month. No worries, that will be fixed as I will purchase around 22 Hive to fix the days arrears.

Is it worth for long term investment?

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I think, as long as I purchase Hive in any amount, it will be worth it. However, to spice things up, I will make a few adjustments on the daily saving perhaps to 5 Hive daily? Or 10 Hive daily? Or maybe purchase based on the number on a date? Who knows, anything is possible but that will have to wait until the next month.

In the meantime, I am looking forward to make this challenge successful!



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4 comments
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Not only is it good to try all the Hive functions in our wallet it can be fun too.

Posted Using LeoFinance

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power la ko bro !!! rajin ohh ko di blogging skrg ... hehe..

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Thanks bro! Palan2 juga ni, yg penting 1 post 1 hari ja

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